Required information Problem 9-13 (Algo) Retail inventory method; various applications (LO9-3, 9-4, 9-5] (The following information applies to the questions displayed below.] On January 1, 2021, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: 2022 Cost Retail $ 665,000 3, 700 5,000 $1, 113, 000 5, 800 2021 Cost Retail $168, 750 $225,000 503, 000 633, 000 4,000 3, 650 5, 800 6, 100 4, 450 453,000 20, 300 6,000 Beginning inventory Purchases Purchase returns Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 30% discount) Normal spoilage Price Index: January 1, 2021 December 31, 2021 December 31, 2022 10, 800 7,500 712, 000 20, 300 6, 400 1.00 1.25 1. 25 Problem 9-13 (Algo) Part 1 Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar-value LIFO retail method. 2021 2022 Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold